Report Update Nov 1, 2024

Uzbekistan - Glutamic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Glutamic Acid Market 2024

Glutamic Acid Market Size in Uzbekistan

The Uzbek glutamic acid market skyrocketed to $X in 2022, increasing by 32% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant expansion. Glutamic acid consumption peaked in 2022 and is likely to see gradual growth in the near future.

Glutamic Acid Exports

Exports from Uzbekistan

In 2022, the amount of glutamic acid and its salts exported from Uzbekistan dropped notably to X kg, falling by 99.9% compared with the previous year's figure. Over the period under review, exports faced a sharp descent. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, glutamic acid exports shrank notably to $X in 2022. In general, exports recorded a sharp slump. Over the period under review, the exports hit record highs at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Tajikistan (X kg) was the main destination for glutamic acid exports from Uzbekistan, with a approx. 100% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to Tajikistan was relatively modest.

In value terms, Tajikistan ($X) emerged as the key foreign market for glutamic acid and its salts exports from Uzbekistan.

From 2021 to 2022, the average annual growth rate of value to Tajikistan was relatively modest.

Export Prices by Country

The average glutamic acid export price stood at $X per ton in 2022, jumping by 91% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2021 to 2022, the rate of growth in terms of prices for Tajikistan amounted to 0.0% per year.

Glutamic Acid Imports

Imports into Uzbekistan

In 2022, after two years of decline, there was significant growth in overseas purchases of glutamic acid and its salts, when their volume increased by 22% to X tons. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 41%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glutamic acid imports surged to $X in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 66% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of glutamic acid to Uzbekistan, accounting for a approx. 100% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of glutamic acid and its salts to Uzbekistan.

From 2017 to 2022, the average annual rate of growth in terms of value from China totaled +22.2%.

Import Prices by Country

The average glutamic acid import price stood at $X per ton in 2022, increasing by 5% against the previous year. In general, the import price showed significant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 77% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2017 to 2022, the rate of growth in terms of prices for China amounted to +21.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glutamic acid and its salts in the world?

The countries with the highest volumes of in 2021 were Japan, Myanmar and Nigeria, with a combined 28% share of global consumption. Indonesia, Taiwan Chinese), China, Brazil, the Philippines, South Korea, India, Malaysia, Vietnam and Mexico lagged somewhat behind, together comprising a further 44%.

What are the largest producers of glutamic acid and its salts in the world?

China remains the largest glutamic acid producing country worldwide, comprising approx. 67% of total volume. Moreover, glutamic acid production in China exceeded the figures recorded by the second-largest producer, Brazil, fivefold. The third position in this ranking was occupied by Indonesia, with a 12% share.

What are the leading suppliers of glutamic acid and its salts to Uzbekistan?

In value terms, China constituted the largest supplier of glutamic acid to Uzbekistan.

What is the average export price for glutamic acid and its salts in Uzbekistan?

The average glutamic acid export price stood at $1,924 per ton in 2021, almost unchanged from the previous year.

What is the average import price for glutamic acid and its salts in Uzbekistan?

The average glutamic acid import price stood at $1,540 per ton in 2021, surging by 57% against the previous year.

This report provides an in-depth analysis of the glutamic acid market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21102020 - Glutamic acid and its salts

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023